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Canva Hikes Pices by 300pc as It Readies for IPO

ia.acs.org.au

11–20 of 90 posts

Re: Canva Hikes Pices by 300pc as It Readies for IPO

#13
post #8

Capture customers and unreasonably hike the prices is a business plan as popular as subscription services. I hope consumers and businesses will notice how unreliable this is and start choosing more user friendly products more often.

This is just capitalism though. Like, what else are you suggesting? Opt for companies whose products are more expensive in the hope that they are less likely to hike prices later on? The real issue is when these companies become monopolies and then can raise prices without paying a competitive cost for doing so. But that's not Canva.

Re: Canva Hikes Pices by 300pc as It Readies for IPO

#14
post #8

Capture customers and unreasonably hike the prices is a business plan as popular as subscription services. I hope consumers and businesses will notice how unreliable this is and start choosing more user friendly products more often.

What should they choose? Today's more user friendly products are just tomorrow's unreasonable price-hikers that haven't captured enough customers to start enshittifying yet. Meanwhile, even without network effects, migrating to a new product is usually a hassle; the frog has to be quite thoroughly boiled before it's worth it.

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Re: Canva Hikes Pices by 300pc as It Readies for IPO

#15
post #2

Finally, a company that adds AI to their product and then IPOs - I can't wait to see what groundbreaking stickers the AI will come up with, so I can really level up my birthday cards.

To be fair, Canva's product is uniquely a good fit for Gen AI. Casuals who just want the end result without trying to learn all the complicated photo/video editing techniques.

Or, “people who think they can express themselves in a medium without actually working in that medium” in the words of Ted Chiang.

https://www.newyorker.com/culture/the-weekend-essay/why-ai-i...

Re: Canva Hikes Pices by 300pc as It Readies for IPO

#19
post #12

Why write "pc" and not "%"? Is this a common style?

It seems to be a bit old-fashioned and predominantly (but not exclusively) British: https://english.stackexchange.com/a/607950

Obviously Australians are somewhat more influenced by British usage than say Americans are, although not always (e.g. we say “truck” not “lorry”-although we define the word “truck” more narrowly than Americans do)

Re: Canva Hikes Pices by 300pc as It Readies for IPO

#20
post #18
post #12

Why write "pc" and not "%"? Is this a common style?

Paradox of choice, there are too many good percent symbols: U+0025 % PERCENT SIGN U+FF05 % FULLWIDTH PERCENT SIGN U+FE6A ﹪ SMALL PERCENT SIGN U+066A ٪ ARABIC PERCENT SIGN

...only one of those is on the keyboard though.
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